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The Florida Statute of Limitations for filing foreclosure for default is 5 years.  Let’s see how the banks get out of this one…….

Legal Technicalities May Let Defaulting Borrowers Keep Their Homes Without Paying…

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Foreclosure

Keep Your Home California establishes new program to help seniors with reverse mortgages

Hard-hit seniors behind on their reverse mortgage-related payments, including property taxes and homeowner’s insurance, could get a much-needed helping hand from Keep Your Home California… 377 more words

Police in Middletown look for bank robber

MIDDLETOWN, Conn. (AP) — Police in Middletown are looking for a suspect involved in a bank robbery. The Wells Fargo bank on Washington Street was robbed around 3:30 pm on Thursday. 53 more words

Connecticut

Europe kick-starts CRE syndication league tables in transparency drive, full 2014 figures revealed

Recorded secured commercial real estate (CRE) syndicated lending in Europe, the Middle East and Africa (EMEA) reached €28.9bn in 2014, in the inaugural attempt to measure market volumes on a consistent basis with broader global bank syndication markets. 593 more words

Banks

BofA cuts CEO pay by 7%

Bank of America, which barely passed its stress test this year, cut its chief executive officer’s pay by 7% in 2014.

BofA CEO Brian Moynihan was paid $13 million in 2014, down from $14 million in 2013, … 247 more words

Banks

Wells Fargo to shut down Parkland Servicing site in late July; eliminate 1,000 jobs

MILWAUKEE (WITI) — Wells Fargo on Wednesday, March 25th announced it is closing its home lending services office in Milwaukee, laying off 1,000 employees.

Wells Fargo will close the Parkland Servicing site in late July due to “shifting customer needs and market dynamics,” the company said in a press release. 106 more words

Business

An Overlap of Three

I love it when different interests that I have overlap.  When it happens, I feel like marking the occasion in some way.  That’s why there’s a chapter in my most recent book… 985 more words

Fell Ponies